Unfortunately tests are not 100% accurate and there's a window between when the pathogen is present and when it's detectible. Add in that many viruses aren't directly detectable, the tests look for antibodies to the virus.
This is why they usually ask if you've had a new sexual partner in the past 3 or 4 months. This is the window period for detecting some STDs and other diseases.
I'm shocked how much the average American knows about how things work. Eternal vigilance is the price of liberty. I'm not surprised how quickly Americans are giving up their liberty.
Not sure how you would do things better without a centralized planning committee. Most people believe that bubbles are bad, but what's the alternative? People want to get rich quick.
What TSLA lacks in cashflow, they more than make-up in TAM. Make-up as in create out of thin air. We'll have self driving cars in a few months, robots, semi-trucks, etc., etc.
Ray Dalio created one of the most successful hedge funds ever and as he calls himself "a professional capitalist." The guy even helped with launching the Chickent McNugget (advising McDonald's with Poultry futures)
If you look at the top 51% things are going extremely well, but as this article shows it can hide a lot. I loved his explanation of how the economic machine works: https://www.youtube.com/watch?v=PHe0bXAIuk0 his book Principles is pretty good too.
As Ray Dalio has mentioned, you should measure results on how it impacts the bottom 51% of the people (the majority) it's a lot more illustrative than looking at the average.
Sorry, I was thinking hyperinflation as a de facto default. As in Germany, Brazil (Cruzeiro), Argentina, etc. If the US hits hyperinflation say, debt is 300% GDP in a decade at some point people will stop loaning it money and the dollar loses its value. Stable coins become worthless as well.